RE:Thoughts and advice - where do we go from here? I have only been holding since high fifties, low 60's earlier this year, I'm also new enough to this board, and there does seem to be a few gatekeepers here as to who can give advice and who can't. Its as if being on the board longer makes you more qualifed to analyze. Which is nonsense, but there you have it.
My 2c.
Short Term:
The last few days has been crazy. I really don't see the share price continuing to rise given the practical implications (and provincial hands in the till) of legalization are unknown.
There is also the very small chance it doesn't get legalized.
Might see another drive this week based on full US trading days and the pent up demand last week (although with 20mil volume it seems most demand was fulfilled).
Hard to know but my guess would be busy week, volatile movements, don't think we drop below $1.20. Settling somewhere around 1.20ish +-10c.
Medium Term:
I'm bullish on theScore but not DraftKings pricing bullish.
I see the medium term more akin to William Hill in the UK.
3 bucks a share not beyond the potential of business. Im using the UK market as an analogy for Canada + factor'd in some for US market.
Long Term:
I genuinely see a buy out before we get to big boy prices.